• Latest
  • Trending
IMVU to integrate Immutable X for NFT gaming

IMVU to integrate Immutable X for NFT gaming

September 28, 2021
Just-In: Ethereum Merge Most Likely In August, Says Vitalik Buterin

Just-In: Ethereum Merge Most Likely In August, Says Vitalik Buterin

May 20, 2022
Trader Predicts Crypto Market Will Mimic 2018 Bear Season – Here’s How High Bitcoin Could Go Before Nuking Lower

Trader Predicts Crypto Market Will Mimic 2018 Bear Season – Here’s How High Bitcoin Could Go Before Nuking Lower

May 20, 2022
Terraform Labs, Luna Foundation Guard Bought 3.06m AVAX in total: Avalanche Foundation

Terraform Labs, Luna Foundation Guard Bought 3.06m AVAX in total: Avalanche Foundation

May 20, 2022

TD SYNNEX expands solution offering with Google Cloud

May 20, 2022

Creating an ML Web App and Deploying it on AWS

May 20, 2022
Will Fan Tokens Replace Memecoins Like Shiba Inu and Dogecoin?

Will Fan Tokens Replace Memecoins Like Shiba Inu and Dogecoin?

May 20, 2022
Goldman Sachs: Crypto Drawdown Will Have Little Impact on U.S. Economy

Goldman Sachs: Crypto Drawdown Will Have Little Impact on U.S. Economy

May 20, 2022
Crypto Bear Market: Pantera Partner Sees These Buying Opportunities

Crypto Bear Market: Pantera Partner Sees These Buying Opportunities

May 20, 2022
Australias Commonwealth Bank Halts Crypto Rollout

Australias Commonwealth Bank Halts Crypto Rollout

May 20, 2022
Commonwealth Bank puts crypto trading trial on ice as regulators dither

Commonwealth Bank puts crypto trading trial on ice as regulators dither

May 20, 2022
Ethereum devs tip The Merge will occur in August ‘if everything goes to plan’

Ethereum devs tip The Merge will occur in August ‘if everything goes to plan’

May 20, 2022
Beware, Bitcoin Jumping Back Above $30,000 Could Be A Dead Cat Bounce, Here’s why

Beware, Bitcoin Jumping Back Above $30,000 Could Be A Dead Cat Bounce, Here’s why

May 20, 2022
Deep Tech Central
Tuesday, June 28, 2022
Subscription
Sign Up
  • News
    • Artificial Intelligence
    • Crypto
    • CyberSecurity
    • IoT
    • Robotics
    • Quantum Computing
    • Sustainability
    • Telecom
  • Videos
  • DTC – UNV
No Result
View All Result
Deeptech Central
No Result
View All Result

IMVU to integrate Immutable X for NFT gaming

by
September 28, 2021
in Crypto
0

Together Labs partnered with Immutable X to facilitate carbon-conscious NFT activity within the IMVU ecosystem.

Immutable X, the scaling solution for layer-2 NFT protocol Immutable, has penned an agreement with Together Labs to integrate into the platform’s native social metaverse IMVU. The partnership will foster the creation and distribution of NFTs within the game’s virtual ecosystem.

YOU MAY ALSO LIKE

Just-In: Ethereum Merge Most Likely In August, Says Vitalik Buterin

Trader Predicts Crypto Market Will Mimic 2018 Bear Season – Here’s How High Bitcoin Could Go Before Nuking Lower

IMVU, pronounced “imm-view,” is a blockchain simulation game akin to The Sims or Second Life in which players can design, inhabit and interact with virtual worlds.

Parented by Silicon valley-based firm Together Labs — a technological architecture working on the social media experience with the implementation of the crypto and all its ecosystem facets — IMVU has 200,000 active creators and 1 million daily active players.

Immutable X is an NFT-centric blockchain protocol built upon the Ethereum blockchain, which reportedly enables up to 9,000 near-instant transactions per second in the case of ERC-20 and ERC-721 tokens, zero gas fees and scaling capabilities that exceed the market average through the use of StarkWare’s zk-Rollup.

Immutable X Co-founder Robbie Ferguson outlined the newfound capabilities that IMVU players could experience by interacting with the introduction of NFTs.

“We are thrilled at the partnership with IMVU. With Immutable X’s technology, we are offering scalability to every user in IMVU metaverse and allowing them to trade their NFTs seamlessly on Ethereum without compromising on the security of their assets.”

Two weeks ago, Immutable announced a $60 million Series B funding from venture capital firms such as Alameda Research and VaynerFund. The protocol is endeavoring to expand its NFT gaming operation following the success of the blockchain trading card game Gods Unchained.

They have also pledged to adhere to pro-environmental practices by implementing zero-knowledge proofs, and the purchase of offsetting carbon credits.

As promised, the partnership with IMVU will enable players to participate in regular in-game activities — building the universe, creating 3D avatars, socializing with other players, purchasing collectible items and transacting the games fiat-convertible stablecoin VCORE — all with the assured knowledge that carbon neutrality is being sustained.

Share196Tweet123Share49

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

Search

No Result
View All Result

Recent News

  • Just-In: Ethereum Merge Most Likely In August, Says Vitalik Buterin
  • Trader Predicts Crypto Market Will Mimic 2018 Bear Season – Here’s How High Bitcoin Could Go Before Nuking Lower
  • Terraform Labs, Luna Foundation Guard Bought 3.06m AVAX in total: Avalanche Foundation
  • About
  • Privacy Policy
  • Sign Up
  • Contact Us
  • About
  • Contact
  • Deeptech Central
  • Elementor #10628
  • Newsletter
  • Privacy Policy
  • Sign Up

© 2018-2021 DeepTech Central. - by MintMore Inc..

No Result
View All Result
  • News
    • Artificial Intelligence
    • Crypto
    • CyberSecurity
    • IoT
    • Robotics
    • Quantum Computing
    • Sustainability
    • Telecom
  • Videos
  • DTC – UNV

© 2018-2021 DeepTech Central. - by MintMore Inc..

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.

Stay Updated. Subscribe Today.

Join the community of 10K+ scholars & entrepreneurs.